Iraq Gold Prices remained stable in local markets on Sunday, November 30, 2025, reflecting steady demand and cautious trading.
In Baghdad, a survey by Shafaq News Agency showed that 21-carat gold sold for 850,000 IQD per mithqal, equivalent to five grams. The buying price for the same standard reached 846,000 IQD. Meanwhile, 21-carat Iraqi gold was slightly lower, with a selling price of 820,000 IQD and a buying price of 816,000 IQD.
Jewelry stores reported small variations depending on origin. Gulf 21-carat gold ranged from 850,000 to 860,000 IQD per mithqal. In comparison, Iraqi 21-carat gold sold between 820,000 and 830,000 IQD. These differences highlight the impact of imported varieties on local pricing, particularly Gulf, Turkish, and European gold.
In Erbil, gold prices also showed stability. Traders reported 22-carat gold at 885,000 IQD per mithqal. Meanwhile, 21-carat gold was priced at 845,000 IQD, and 18-carat gold sold for 725,000 IQD. The consistency in these rates indicates minimal market fluctuation and controlled supply-demand dynamics.
Analysts attribute the stability in Iraq Gold Prices to low speculative activity and limited external pressure from international gold markets. They noted that local trading continues to reflect domestic consumption patterns rather than global volatility.
In addition, jewelry retailers emphasized that consumer confidence remains steady. Customers are closely monitoring prices, but the market’s current equilibrium reassures both buyers and sellers. This stability is expected to continue into early December unless global or regional factors cause sudden shifts.
Furthermore, experts highlighted that the difference between imported and domestic gold continues to influence purchasing decisions. Gulf and European gold remain slightly more expensive due to certification, import costs, and perceived quality.
Overall, Iraq Gold Prices in Baghdad and Erbil suggest a steady and predictable market environment. Traders and investors can rely on current pricing for planning purchases, while monitoring minor variations between different gold origins.
